In a recently purchased SFR in which the tenants will be covering all utilities, I have been asked by the gas and electric companies to enter into a Utility Continuation Agreement so that the utilities  automatically go back into my name when the tenants move out or terminate service.  

Create a Joint Venture Agreement that specifies the following: Recitals; Rights, Duties, and Responsibilities of each person/ entity entering into the agreement (Who will pay for what to include, but not limited to any down payment, holding costs such as Property Insurance Premiums, Utilities, HOA Fees if any, Rehab Materials, Contractor Labor, Loan Payments, etc.).

I have seen keying errors where they don't enter a check properly.

@Kimberly Miller find the largest possible mirrors for the bathrooms and use them...use red mulch for the landscaping of the house to give it an elegant look before entering so before they even enter it looks pretty buyers that are looking to live in the house just want a pretty looking house and thats a great way to grasp them if there driving by/see it online (usually the first picture) or when they come to view it.Also pick an elegant backsplash for the kitchen and make sure the cabinets in the kitchen are brown not any other color.

Typically pay interest only on a HELOC for 5-10 years and then it enters repayment for 10-20 years with rates of about 3.5-6.5%.

BridgeWell Capital has turned out to be a very good partner as I am entering the rehab space.  

And, I think you are doing it right in taking the time to learn and form a plan before you even enter the workforce!

If your landlord is trying to get a money judgment against you on top of tossing you out and you go to court and bring up the lapsed license the court will not enter a money judgment against you for rent accrued.

I would highly recommend close so you can be reassured every time you enter the arena.

I just entered into a contract to buy a rental home in Maple Heights, OH.